Racing2learn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 99,887 | 0 | 99,887 | — | — |
| 2021 | 106,733 | 8,565 | 98,168 | 277.5 | — |
| 2022 | 26,363 | 3,880 | 22,483 | 537.5 | — |
| 2023 | 619 | 2,544 | −1,925 | 810.8 | — |
In its most recent public year (2023), this organization spent $1,925 more than it brought in. Its reserves stood at about 810.8 months of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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